The insurance industry’s designation for Nigeria’s aviation industry as high risk has caused an outbreak of criticism from airline owners in the country and its Ministry of Aviation since it has causes higher premiums. Concerned industry members are urging the Ministry of Aviation to collaborate with NAICOM to help drive down insurance premiums. The Minister of Aviation, Princess Stella Oduah, has described the designation as “unacceptable”. “It makes my heart bleed that Nigerian airlines registered in Nigeria have to pay twice or more than the amount foreign registered airlines pay on insurance premium. “They say the reason why aircraft registered

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In